International News

Indian consortium receives first shipment of coal from Mozambique

The first shipment of coal mined in Mozambique by the International Coal Ventures Ltd consortium is due arrive to India on 24 November, said CS Verma, chairman of the consortium of Indian state-owned enterprises. Last July, ICVL, a consortium of the Indian state companies Coal India, Steel Authority of India, National …

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MARTHINUSEN & COUTTS CARRIES OUT CRITICAL STATOR REWIND FOR N’ZILO HYDROELECTRIC POWER STATION IN THE DRC

Marthinusen & Coutts in consolidating its role as an integrated electrical and mechanical services provider for the power generation and other industries in Africa, has signed a contract at the N’Zilo hydroelectric power station in the Katanga Province of the Democratic Republic of the Congo (DRC). The contract included the …

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DHL invests over EUR 30.5 million in new South Africa facilities

 nvestments by DHL Global Forwarding and DHL Supply Chain entities underscore long term growth plans for the region Investment is key in developing South Africa as a logistics hub for the region DHL, the global market leader in the logistics and transportation industry today announced investments totaling EUR 30.5 million …

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Malawi’s Duwi project is world’s richest in high grade graphite, other minerals – Report

After extensive drilling and exploration of the Duwi project in Malawi prospective owners,   Sovereign Metals Limited, have affirmed the mineral project as one of the largest, high grade, flake graphite deposits in the world. The copper, gold and uranium exploration miner which was recently listed on the Toronto Stock Exchange’s …

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Ebola ‘Calamity’ needs international military efforts to fight, say Mining Companies in West and North Africa

As the dreaded Ebola virus continues to wreck havoc in West and North Africa-with the number reaching escalating levels of over 2,000 of those infected and lives claimed, some senior mining executives now seek international military support to fight it. According to World Health Organisation, the Ebola virus which has …

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African countries should ensure fair return from resource riches

Western Australian Premier Colin Barnett has urged African leaders not to be intimidated by global mining companies, but to ensure that their citizens received a fair return for their resource exploitation. Speaking at the first day of Paydirt’s Africa Downunder conference, in Perth, Barnett told delegates that while capital required a safe …

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Tanzania’s Stamigold eyes first gold production

Tanzania’s reputation as one of Africa’s best gold producers has been sustained with reports indicating that Stamigold, a subsidiary of the State Mining Corporation (STAMICO), will celebrate its first gold production in 2014 by importing new heavy duty machinery, African Mining Brief reports. The online mining, energy and power publication …

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South African Concargo makes “headways” into Africa

Mining and Construction Economic globalisation has resulted in an increasingly high demand for mined resources such as copper, coal and other precious metals. With the increase in mining, pressure from the public over ecological issues and meeting environmental codes has become a priority. Radical changes have been made in the …

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Port of Lobito in Angola, to start handling mining exports from DR Congo and Zambia

The port of Lobito will start to receive mining ore from Katanga, DR Congo and Zambia for export, carried through the Benguela railway, the Chief Executive officer, Mr. Anapaz Neto of the company that manages the Commercial Port of Lobito said last Wednesday. Anapaz Neto also told Angolan news agency …

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FIRESTONE STARTS BOTSWANA ASSETS DISPOSAL PROCESS

Firestone Diamonds, Botswana’s leading diamond development company has started the disposal process for its Botswana assets. The assets, which will be sold through a competitive disposal process to be managed by South Africa-based corporate finance adviser Questco, include the BK11 mine which had been placed on care and maintenance in …

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